I would have liked to see how much reserve releases, or increases, contributed to the industry’s net income in each time period. Commercial versus personal lines splits would be insightful, too!
Yogi, did you notice the little blurb that Personal Auto is still giving carriers trouble on frequency and severity. More rate taking will be the result. GEICO, Allstate, State Farm, Farmers Group will be sending out a lot of notices to customers. Guess those algorithms didn’t work out so well for them.
I would have liked to see how much reserve releases, or increases, contributed to the industry’s net income in each time period. Commercial versus personal lines splits would be insightful, too!
Yogi, did you notice the little blurb that Personal Auto is still giving carriers trouble on frequency and severity. More rate taking will be the result. GEICO, Allstate, State Farm, Farmers Group will be sending out a lot of notices to customers. Guess those algorithms didn’t work out so well for them.